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Corporate Housing Franchise Provider Appears on Inc. 5000 List

AvenueWest Global Franchise, a real estate partner for property investors and the corporate housing community, with an office in Lakewood, has been named one of the fastest-growing companies by Inc. magazine in 2022. AvenueWest ranked no. 1901 on the annual Inc. 5000 list, the most prestigious ranking of the nation’s …

Affordable HousingDevelopmentFinanceWorkforce Housing

MGL Partners Announces Second Phase of Affordable Housing Project in Longmont

MGL Partners (MGL), a Denver-based multifamily, senior, workforce and affordable housing developer with a mission to build lasting value through the creation of high-quality communities, has closed on the land for the second phase of the Crisman Apartments, in partnership with the Longmont Housing Authority (LHA). Located at 680 SH …


Iconic Fiddlers Green Portfolio Secures $196M Financing

Schnitzer West, one of the West Coast’s leading real estate investment, development and property management companies with an office in Denver, has secured $196 million in financing for its Fiddler’s Green Portfolio consisting of Palazzo Verdi, Fiddler’s Green I and Fiddler’s Green II. The Class A office portfolio totals 748,445 …


Granite Properties Closes JV Equity with Long Wharf Capital for First Avenue Plaza 

Granite Properties, a commercial real estate investment, development and management company, has closed joint venture equity with Long Wharf Capital for First Avenue Plaza. Spanning an entire block, the complex consists of 44 Cook Street, a 10-story, Class-A, 127,000-square-foot building and 55 Madison Street, an 8-story, Class-A, 137,000-square-foot building. Long Wharf will own 50 …


Ivy Realty Buys Boulder County Industrial/Flex Property

Ivy Realty, a Greenwich, CT-based real estate investment, development and management company, has acquired Front Range Business Park, a two-building, 117,106-square-foot industrial/flex complex located in Boulder County. The property is currently 100 percent leased to the State of Colorado’s Front Range Community College (“FRCC”), the largest community college in Colorado. Essex Financial Group (“Essex”) arranged …


BMC Recapitalize St. Paul Collection in Cherry Creek

Denver-based BMC Investments (BMC), the most active and successful developer in Cherry Creek — having developed many of the area’s highest-profile developments — announced today it has recapitalized its luxury mixed-use residential community, St. Paul Collection, in Cherry Creek North. The recapitalization expands the existing programmatic partnership with Rockpoint, a real …

Affordable HousingFinanceMultifamily

$69M Refinancing Secured for Westminster Mixed-Use Community

Sherman Associates has received a $69 million HUD 223(f) loan to refinance its multifamily property in Westminster. The 255-unit property, called Ascent, is an urban-style, mixed-use community containing 25,625 square feet of retail space. The loan was originated by NewPoint Real Estate Capital LLC Senior Managing Director John D. Motzel. Loan proceeds were …


ACRE Provides $43.5M Loan for ‘Connect at First Creek’ Development in Denver

ACRE, a global real estate private equity firm, has finalized a $43.5 million bridge loan with Peak Capital Partners (“Peak Capital”), to support the luxury multifamily apartment community ‘Connect at First Creek’ in Denver. Issued through ACRE’s latest debt fund “ACRE Credit I”, the loan will support Peak Capital’s purchase …


Financing Better Buildings with C-PACE

By Joel Poppert, managing director, Imperial Ridge Real Estate Capital In looking for ways to incentivize the creation of higher-performing buildings, states around the country have authorized programs like C-PACE, or Commercial Property Assessed Clean Energy financing, which allows property owners to borrow money from private investors for a variety of capital …


$101.3M Financing Arranged for New Thornton Industrial Project

JLL Capital Markets has arranged a $101.3 million loan to refinance and complete the construction of 25 North, a 936,775-square-foot industrial complex with three newly constructed and six to-be-built buildings in the Denver-area community of Thornton. JLL worked on behalf of the borrower, a joint venture between two experienced industrial …